View more on these topics


£20 – The amount house prices rose in May compared with April, according to the LSL/Acadametrics index.

£208 – The maximum amount Brits are prepared to carry in cash without feeling nervous, research by the Payments Council shows.

75% – The percentage of people who believe the gap between the highest and lowest earners in their workplace is too great, reveals a report by the Institute for Public Policy Research.

23% – The percentage of Britons who have never switched providers for financial products, including mortgages, says

7p – The amount of debt people paid back for every £1 saved in Q1 2011, the lowest level since Q3 2009, according to

100,000 – The number of new homes the government plans to build by 2015 on land to be released by the state.

183 – The number of mortgage products available to first-time buyers, up from 139 in June 2010, says

16% – The proportion of consumers who felt financially confident in Q1 2011, down from 23% a year ago, according to research by AXA.



You cannot rely on luck for protection

A lucky friend of mine won a pair of cinema tickets recently, then a bottle of wine. But the thing about luck is that you can’t rely on it. With the cost of living and inflation on the up, many people are not feeling lucky at the moment. Consumers are dipping into their savings to […]

Stephen Mitcham, Chief executive, Cambridge building society

60 seconds with…Stephen Mitcham

Will you be doing more mortgage lending this year? We are geared up for increased business volumes and have over £200m to lend in 2011. This is a significant increase from our £128m lending total in 2010. Will we see more consolidation in the building society sector this year?It is hard to argue there won’t […]


News and expert analysis straight to your inbox

Sign up